ABSTRACT

The goal of this book is to acquire insights into the way in which economic tools can be used to improve the quality of regulation in general and legislative tools more particularly. This book will hence fit into the branch referred to as law and economics or economic analysis of law. This methodology has been largely employed in the US and in Europe to analyse legal rules (descriptively) and to prescribe particular legal rules. In this book law and economics will be used in an attempt to test ex ante and ex post how the quality of regulation can be improved. It hence touches upon regulatory tools like regulatory impact assessment (RIA) but is also broader, for example since law and economics recently has incorporated insights from behavioural sciences which generally are not taken into account in a RIA.